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Accenture Federal Services wins $89.5M Air Force contract
The U.S. Air Force awarded Accenture Federal Services (AFS), an Arlington-based subsidiary of Irish Fortune Global 500 company Accenture, a potential five-year, $89.5 million contract to establish a cloud-based common infrastructure for the branch’s enterprise resource planning (ERP) systems, the company announced Wednesday. Under the contract, AFS will manage the existing information technology infrastructure and […][...]
Northrop Grumman secures first phase of $85B Air Force ICBM contract
The U.S. Air Force awarded the first $13.3 billion phase of an expected $85 billion Ground-Based Strategic Deterrent (GBSD) contract to Falls Church-based Fortune 500 defense contractor Northrop Grumman Corp., the company announced Tuesday. Under the $13.3 billion engineering and manufacturing development (EMD) phase of the Ground Based Strategic Deterrent (GBSD) program awarded Tuesday, Northrop […][...]
Universal Corp. to acquire dehydrated foods company for $170M
Richmond-based international tobacco leaf supply company Universal Corp. announced Tuesday it has entered into a definitive agreement to acquire Momence, Illinois-based dehydrated vegetable, fruit and herb processing company Silva International for $170 million in cash. Following the transaction, Silva will operate as part of Universal’s plant-based ingredients platform, which includes FruitSmart Inc. (which Universal acquired [&helli[...]
Dominion seeks to keep North Anna nuclear plant operating into 2060
Richmond-based Dominion Energy has filed an application with the Nuclear Regulatory Commission to renew the operating license for its North Anna nuclear power station for an additional 20 years. In operation since 1978 and 1980, North Anna’s two reactor units are currently licensed to operate until 2038 and 2040. The renewal would have the reactor […]
McLean tech provider names cybersecurity director
McLean-based tech provider Saliense announced Wednesday it has hired Victor Florido as director of cybersecurity. With more than 18 years of experience, Florido was most recently the branch chief and senior cybersecurity adviser to the IT security services director of the General Services Administration. In his new role, he will[...]
Newport News federal contractor names director, innovative solutions
Newport News-based federal contractor and professional services company ITA International has promoted Lauren Campbell to director of innovative solutions, effective Aug. 20. Joining the company in 2017, Campbell previously served as program manager of small business innovation research (SBIR) where she oversaw SBIR technology. [...]
Loudoun County allocates additional $4.3M to small business grants
The Loudoun County Board of Supervisors has approved an additional $4.3 million in federal CARES Act funding to go to its COVID-19 Business Interruption Fund, which supports eligible small businesses impacted by the coronavirus with $5,000 grants. During the first three rounds of funding, Loudoun County disbursed $7.1 million to more than 1,000 businesses. “Even […]
Puritan Cleaners acquires HandCraft Cleaners
Richmond-based dry-cleaning business Puritan Cleaners has acquired HandCraft Cleaners, another Richmond-based, family-owned dry-cleaning company, the businesses announced Thursday. Terms of the transaction were not disclosed. “We are extremely pleased to welcome HandCraft Cleaners’ customers to the Puritan Cleaners family and are honored to have the opportunity to continue to provide them with convenient, superior service […][...]
Md.-based HVAC company to acquire two Richmond firms
Columbia, Maryland-based HVAC equipment manufacturer’s representative Havtech announced Thursday it will acquire Richmond-based companies Air Conditioning Equipment Sales Inc. (ACES) and Mechanical Systems Testing & Balancing Inc. (MSTB). Terms of the transactions were not disclosed. Founded in 1971, ACES is an HVAC manufacturer’s representative for the Central Virginia, Tidewater and Roanoke markets, while MSTB performs[...]
Michael Milken joins Focused Ultrasound Foundation board
Michael Milken, who was pardoned by President Donald Trump in February over felony charges for securities fraud, has joined the Charlottesville-based Focused Ultrasound Foundation’s board, the organization announced Thursday. Milken (often referred to as the “junk bond king”) is credited with being part of the development [...]
Arlington, Chesterfield named top digital counties in U.S.
Chesterfield and Arlington counties (along with three California localities) tied for the top spot on the Center for Digital Government (CDG) and the National Association of Counties (NACo)’s 18th annual Digital Counties Survey, which was released Tuesday. The survey identifies the best technology practices among U.S. county governments by evaluating initiatives that streamline delivery of […][...]
ASGN Inc. to buy Boston consultancy for up to $72M cash
ASGN Inc., parent company of Glen Allen-based recruiting firm Apex Systems LLC, announced Tuesday it will acquire Boston-based consultancy LeapFrog Systems LLC for up to $72 million in cash. The goal of the transaction is to grow the companies’ commercial consulting business, adding services for financial services, insurance and health care clients. LeapFrog anticipates approximately […][...]
